Futureverse acquires Candy Digital for Metaverse growth

Apr 16, 2025•4 months ago

Acquiring Company

Futureverse

Acquired Company

Candy Digital

Auckland

New YorkBlockchainInformation Technology

Description

Futureverse has acquired Candy Digital as part of its strategy to enhance its metaverse offerings by integrating AI into immersive brand experiences. This acquisition allows Futureverse to leverage Candy Digital's vast IP and customer base, which includes over 4 million digital collectibles and 1.5 million accounts. Candy Digital will be integrated into Futureverse’s Root Network, aiming to tackle brand challenges in the AI space.

Company Information

Company

Futureverse

Location

Auckland, Auckland, New Zealand

About

Futureverse is a technological and cultural foundation for the open metaverse where creators, companies and communities conjure their future. The Futureverse infrastructure enables companies and creators to deliver the open metaverse experience that they want for their audience. A seamless portal in and out of all apps in the metaverse, Futureverse allows users to travel with a passport, friends, communications, finances and content.

Related People

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed